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Allied Bank declares dividend, bonus shares
Authorised capital to rise 50 per cent to Rs15 billion.
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SECP registers 323 companies
The Securities and Exchange Commission of Pakistan (SECP) registered 323 companies in January.
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State Bank arranges microfinance study tour
Regulatory framework ranked best in the world.
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Nokia adopts new operating system
Finnish giant gives up Symbian, opts for Microsoft platform.
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CNG stations: Two-day closure to end after March 15
Punjab receiving 1,950 million cubic feet per day (mmcfd) of gas while the demand is 2,142 mmcfd.
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Pakistan could face risk of rating downgrade
Moody’s says fiscal deficit likely to cross target.
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Market watch: Stocks sink 244 points on panic selling
Karachi Stock Exchange benchmark 100-share index ended two per cent or 244.13 points lower at 11,943.34.
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Implementation of Afghan transit trade agreement starts today
New accord provides mechanism to address unauthorised trade.
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Rupee hits 8-1/2-month high against dollar
High remittances, forex reserves and exports lend support.
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Construction of wheat silos approved
IFC agrees to help construct wheat silos in Punjab with a capacity to hold 800,000 tons
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World Bank approves $24.5m for system improvement
Project extended for six months, $130m already spent.
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Nokia, Microsoft join forces in smartphone war
Nokia announces it is going to use Microsoft’s new Windows Phone OS as its main software platform.
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Pilots flay PIA for giving up profitable routes
Incompetence, not over-staffing, the main reason for losses: Baluch.
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Remittances rise 18% to $6.1 billion
Money flow increases as overseas Pakistanis opt for legal channels.
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Advertising expected to grow by 20% in 2011
Twenty eight billion rupees were spent last year with telecoms industry taking the lead.
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Foreign exchange: Reserves fall to $17.31 billion
Foreign exchange reserves fall down from record $17.38 billion the previous week.
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Sindh to receive four dormant gas fields
Government to develop fields through public-private partnership.
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MCB Bank declares dividend, bonus shares
Bad loans halve to Rs3.7 billion compared to Rs7.47 billion last year.
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WTO: Members agree on trade facilitation agreement
Pakistani delegation to participate in Geneva meeting on February 14.
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Pakistan Business Council urges trade with India
Suggests widening of tax net, restructuring of power sector.
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Car sales sprint 73 per cent
Indus Motor takes over as market leader from Suzuki in January.
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Market watch: Bearish trend continues as index falls 112 points
Standoff between Pakistan and US keeps investors sidelined.
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Number of jobless rises to three million
Unemployment stands at 5.6% in 2009-10 against 5.5% in previous year.
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Non-compliance: SECP issues 11 warning letters
Securities Market Division of SECP issues warnings for execution of blank sales and wash trades.
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Development schemes: Textile ministry releases Rs1.61b
Funds released as part of Textile Policy 2009.
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Pakistan seeks Malaysian cooperation in reconstruction
Seminar organised by Board of Investment and Malaysian Investment Development Authority to be held on March 31.
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Modern grain storage: Committee to select private partner
Notification issued for creation of technical and financial evaluation committee for construction of facility.
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Competition watchdog urges lenient treatment
CCP chairperson says progress has been made on issue of fees and charges.
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President approves Rs1b for industrial zones
Steps also taken to improve law and order situation.
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LPG prices to fall further
Retail prices are expected to reflect the decline in the international market.
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Transit trade accord will come into force from February 12
First truck from Pakistan to leave for Central Asia on Saturday.
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Incompetent govt hampers economic growth: Mirza
Regulators fail to deliver because of hurdles and lack of interest on the part of the executive.
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Banana cultivation expected to rise
Growers say increasing market value has made bananas an attractive crop.
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Pakistan State Oil posts record half-yearly profit
Reduction in turnover tax does the trick for the oil marketing company.
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Market watch: Another dull day at bourse as investors stay away
KSE-100 index falls 62 points, volumes sag to 10-week low.
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Trade deficit widens to $9.3b in seven months
Gap between exports and imports remains below projection by $2 to $2.5 billion due to record high exports.
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Hundreds of flights delayed as PIA employees protest
Hundreds of PIA workers protest incensed over the deal with Turkish Airlines, demanding removal of managing director.
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Increase in trade with Bosnia stressed
SCCI vice president assured ambassador of full support in emerging trade, investment activities.
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Feasibility report on Sheikhupura dry port being prepared
Dry port construction at Bhabrianwala was proposed by the Sheikhupura Chamber of Commerce and Industry back in 2004.
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Islamic banking growing rapidly: Shaikh
The size of investments in the Islamic banking system reached Rs424 billion in 2010 in the country.
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Privatisation of ‘precious assets’ opposed
Satti said leading international economists had publicly decried the concept of privatisation.
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Kamal elected KSE board chairman
He pointed out the vital role played by stock exchanges in the economic expansion of the capital market.
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Exports rise to record $2.33b in January
Export of non-traditional items, recovery of international markets have mainly contributed to the increase in exports.
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Govt plans crackdown against tax evaders, losing Rs796b annually
FBR tries to weed out corruption in an attempt to increase revenue generation.
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Telenor Pakistan switches from loss to profit
Telenor Group announces financial results for 2010 as its regional partners outperform.
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Rupee at eight-month high against dollar
Rupee gains sharply to end at eight-month high amid soft demand for dollar from importers and healthy inflows.
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Cement exports decline 20%
Mills in the north lose almost all export orders through sea because of exorbitant transportation charges.
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Market watch: Profit-taking continues at bourse
The KSE-100-share index ended 66 points lower on Tuesday.
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Inflation falls for first time in five months
Trend in coming months depends on prices of petroleum products.
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